The two Gulf Cooperation Council states have formed a joint venture for
the development of offshore and onshore oil fields along their border. The
joint venture, Al Khafji Joint Operations, has already called for bids for
construction at one of the shared fields at Hout.
Under the tender, construction firms must submit bids to develop Hout by
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The project called for offshore gas, pipeline and related facilities
in an effort to recover associated natural gas from Hout.
Al Khafji has been a joint venture of Saudi Aramco and Kuwait Gulf Oil.
The two companies also share the fields at Dora, Khafji and Lulu, located in
the so-called neutral zone along the frontier between Kuwait and Saudi